MA
Middlesex
Cambridge
02138
427-429 Broadway
427-429 Broadway, Cambridge, MA 02138
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Listing Type
Multi Family
Listing Status
Active Under Contract
12
$3,595,000

Home Details for 427-429 Broadway

Price
$3,595,000
Type
Residential Income
Bedrooms
8
Bathrooms
3.0
Square feet
5295
Year built
1873
Lot size acres
0.15
County
Middlesex
Total rooms
18
Garage
Days on site
13
MLS Listing#
73476554
Property Description

Offers due 2/13 at noon. Exceptional development opportunity on a highly visible corner lot in the heart of Cambridge. Directly adjacent to the Cambridge Public Library, this premier site offers unmatched light, exposure, location, and prominence, making it an ideal setting for a landmark residential project. Take full advantage of Cambridge’s new high-density zoning ordinance, allowing up to 6 stories with affordable housing or 4 stories by right, with no set limit on unit count or FAR (buyers & agents to perform due diligence). This zoning flexibility creates a rare opportunity to develop either high-density luxury condominiums, rental units, or spacious, large-format luxury residences in one of the most supply-constrained markets in the country. Corner parcels with this positioning, visibility, and zoning potential almost never come to market, particularly in such a central and established location.

Property Features
  • Water Features
    • Public
  • Parking
    • Paved
Listing Courtesy: Berkshire Hathaway HomeServices Warren Residential - 617-848-9616
Presented by: Kiernan Middleman
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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